Despite the instabilities in the housing sector of the Middle East region, Arab investors still consider the Lebanese housing market to be the most suitable place for investment and have a great desire to obtain investment opportunities in the Lebanese housing market
Lebanon has historical and cultural connections with many Arab countries. Arab capitalists may be drawn to Lebanon due to shared language, cultural familiarity, and historical links, which can create a sense of affinity and comfort for investment purposes. Lebanon's real estate market, particularly in cities like Beirut, has traditionally been attractive to investors. The country's unique geography, scenic landscapes, and diverse architectural heritage have made it a sought-after destination for luxury properties and vacation homes.
Lebanon offers a unique lifestyle and cultural experience, which can be appealing to Arab investors seeking a cosmopolitan environment with a mix of Western and Middle Eastern influences. The country's culinary scene, nightlife, and vibrant social atmosphere contribute to its allure. It is important to note that the interest of Arab capitalists, like any other investors, can be influenced by multiple factors, and the attractiveness of the Lebanese real estate market is subject to changes in the country's economic and political environment. It is advisable for potential investors to conduct thorough market research, seek professional advice, and consider the specific circumstances and risks associated with investing in Lebanon before making any decisions.
The third place in the Asian real estate index list is assigned to Lebanon with an average of 3,693 dollars per square meter. Despite the instabilities in the housing sector of the Middle east region, Arab investors still consider the Lebanese housing market to be the most suitable place for investment and have a great desire to obtain investment opportunities in the Lebanese housing market. Real estate prices are different in every city and village, that is, the top of the village is different from the bottom. The land near the main road is different from the land away from the main road.
Some Arab investors may see Lebanon's real estate market as a potential source of high returns on investment. They may acquire properties with the intention of generating rental income or selling them at a profit in the future. Lebanon has a significant diaspora population residing in various Arab countries. Arab capitalists who are part of the Lebanese diaspora may have a personal connection to the country and invest in property as a means of maintaining ties or as a long-term investment for potential return or family use.
The investment of Arab countries in the Lebanese housing market is increasing significantly, and it is necessary to provide suitable conditions to help increase the awareness of Kuwaiti investors about the rules and regulations of the housing market in Lebanon. The price of a one- or two-story house in Beirut is very, very high, and only wealthy businessmen and officials can afford such houses. Or if the house is very old and hasn't been touched since the last fifty or sixty years, and apartments have been built all around it.
There are offices for pricing for buying and selling property in Lebanon and for registration and taxation. These offices estimate the price of the property. For example, if someone wants to get a mortgage, in addition to other documents, he must get a price sheet from these offices. But the real price of buying or renting is very different from this amount. One of the best investment markets is real estate, whose market stability has increased the demand for investment in areas such as low-cost family housing or executive residences.
Lebanon has a rich cultural heritage and is known for its vibrant tourism and hospitality sector. Arab capitalists may invest in properties such as hotels, resorts, and vacation rentals to capitalize on the potential for tourism and hospitality-related business opportunities. Lebanon's economic challenges, including currency fluctuations, inflation, and political instability in recent years, have led to a depreciation of property values. Arab capitalists may view this as an opportunity to acquire properties at relatively lower prices with the expectation of future value appreciation.